994 The Alameda San Jose, CA ^$ 3,895,000

994 The Alameda

^$ 3,895,000

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Recently Listed

994 The Alameda

San Jose, CA, 95126

^$ 3,895,000

Bedrooms-- Baths-- Sq 9,148

Monthly Estimate*

^$ 23,982

Listed by Jefrey Henderson, Broker

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994 The Alameda, San Jose, CA 95126 - Image 8

994 The Alameda, San Jose, CA 95126 - Image 9

994 The Alameda, San Jose, CA 95126 - Image 10

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994 The Alameda, San Jose, CA 95126 - Image 12

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Commercial Property for sale in San Jose, CA

for $3,895,000. This 9,148 square foot building was built in 1924 on a lot size of 0.24.

994 The Alameda has been owned by the same family for 50+ years and boasts seven residential units and four ground floor retail units. The residential units are very large and consist of (4) Studios and (3) 1 Bed, 1 Bath floorplans. The retail spaces have all been improved by the tenants, and all tenants are operating successful businesses and have been at the property for 5+ years. Additionally, all units and the property systems have been well-maintained over the years and select units feature upgraded kitchens, countertops, cabinets, and bathrooms. Ownership has spent over $50,000 on capital improvements in 2025, which include but are not limited to: roof, two new water heaters, electrical subpanels, etc... This property presents an excellent value add opportunity through adjusting the full-service leases to NNN leases upon lease expiration, which will roughly capture a 35% rental premium to the in-place leases.

Commercial Active

Price

^$ 3,895,000

Property Type

Commercial

Taxes

^$ 53,529

Style

Lot Size

0.24

Year Built

1924

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82032579

Days on Market

Features

General

Heating Forced Air Wall Furnace

Roof Flat

Zoning CG

HOA Fee 0

Year Built 1924

County Santa Clara

Insurance Expense 13740

Property Type Commercial Sale

MaintenanceExpense 20429

Special Listing Conditions Standard

Status Active

City San Jose

High School District San Jose Unified

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 10454

Carport Spaces 0

Tax Annual Amount 53529

Trash Expense 0

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 10454

Number of Buildings 1

Building Area Total 9148

Lot Size Acres 0.24

Lot Size Source Assessor

* Excluded Features

List By

Jefrey Henderson, Broker

Broker

ben.mollahan@cbre.com

Affordability Calculator

$28,443

Per Month

Monthly Principal & Interest: $23,982
Monthly Property Taxes: $4,461
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in San Jose, CA

Average List Price ^$2,750,053

Percent of Sale Price 29%

About San Jose, CA

1,023,338 Population

13% Since 2002

^$93,707 Median Income

37.72 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/27/2026	$3,895,000		Listed Price

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994 The Alameda, San Jose, CA, 95126 is a Commercial Property for sale at $3,895,000 with 9,148 sqft and a lot size of 0.24. 994 The Alameda was built in 1924. The property's zip code is 95126 which is in San Jose, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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994 The Alameda

Commercial Property for sale in San Jose, CA

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